India Prepares For Its Largest-Ever Wind Energy Tender

India Prepares For Its Largest-Ever Wind Energy Tender

India’s Ministry of New & Renewable Energy has shared details of the largest wind energy tender ever in the country.

The Ministry, through Solar Energy Corporation of India (SECI), is likely to launch the tender for 2000 megawatts of wind energy capacity soon. The development is part of the already ambitious timeline by the Ministry in its attempt to meet the 60 gigawatts of wind energy installed capacity by March 2022.

The minimum capacity bid at a particular site is 50 megawatts, and a company can bid for a maximum of 400 megawatts across all sites. There are also strict clauses for delay and/or failure to commission the capacity. As has been the case in the earlier two auctions, the winning developers will have to sign power purchase agreements with an intermediary which will then sign back-to-back agreements with interested power distribution companies.

here is company details.

 

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